Commodities

March 17, 2023

A Crude Two Weeks For Energy

The recent carnage in the energy sector has been lost in the shuffle, so let’s take a quick look.

Below is a chart of crude oil’s weekly chart dating back three years. With this week’s decline, prices fell to their lowest level since December 2021. And the one-week rate of change shows this is the largest one-week decline since early 2020. 😬

We mention it because the oil price decline is also showing up in energy-related ETFs. Their 10-day performance shows declines ranging from 6% to 22%. 🔻

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OPEC+ Cuts Give Crude Renewed Energy

October 5, 2022

With the energy sector shifting from last year’s best performer to this year’s worst, many investors are trying to determine whether the downward trend will continue or if this is a potential buying opportunity. For now, we’ll have to wait and see. 👀

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September 9, 2022

Europe’s Circular Energy Solution

The European Union continues its search for an answer to its energy crisis. 🔎

The region had been exploring the idea of price caps on Russian oil but scrapped the idea after Putin threatened to cut off all gas supplies to the region. Inflation is already at record highs, and further cuts to their gas supplies would only exacerbate the issue.

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March 14, 2023

Markets Refocus On Inflation

This week we get the last two inflation reading’s before the Federal Reserve’s next meeting on March 21-22. And while the market is mainly focused on the banking sector, the inflation data still does matter. So let’s see what we got… 👀

The headline consumer price index (CPI) was +0.4% MoM and +6.0% YoY, both in line with expectations. However, excluding food and energy inputs, core consumer prices rose by 0.5% MoM and 5.5% YoY. That monthly number was 0.1% higher than expected.

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Commodities

January 27, 2023

Trees Revolt As Lumber Roars Back

It’s Friday afternoon, and we’re sure your brains are melting from all the earnings and economic data this week. So let’s send you off into the weekend sunset with an under-the-radar chart. 🤫

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Commodities

March 7, 2022

A Certified Commodity “Bruh Moment”

There’s next to nothing positive to talk about in equities and cryptoland, so we’re turning to the positive points for commodities traders (which again, offers a pretty negative outlook for the global economy.)

In the last week, we’ve touched on rapidly-rising energy markets — especially the price of natural gas, oil, and coal. We’ve also left room for dessert, touching on the finer points of price movements in wheat and corn.

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May 11, 2023

Copper Crumbles Amid Recession Fears

If you’ve been consuming financial market-related content for a while, you’ve probably heard the phrase “Dr. Copper” at some point. Well, the doctor was in today, so let’s hear what he had to say. 👂

For those of you confused, market participants often refer to copper futures as “Dr. Copper.” The reasoning is that copper is an industrial metal critical for most aspects of global economic growth. As a result, investors and traders will often use copper futures as a liquid market to express their views of the economy. And for those that don’t trade it directly, they look at it as a barometer for the overall market’s economic outlook. 🧭

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The Big (Nickel) Short

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Oil’s Big Week (Also: Other Alternatives Moved North, Too)

It’s times like this where folks with 95% stock/5% bond allocations are in their feels… not because stocks are going down, but because they should’ve added another 5% allocation for alternatives.

Jokes aside, commodity markets posted their largest weekly advances in years as a result of Ukrainian ports closing and Russia being sanctioned.

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